Experts highlight key differences between the ships, insurance discrepancies, and physical evidence from the Titanic wreckage that disprove the switch theory. But a conspiracy theory that has crept up online in recent years, most recently on Reddit, begs the question: Was it actually the Titanic that sank? The conspiracy theory simply suggests the Titanic wasn’t actually the technical marvel the ship’s parent company, the White Star Line, had promised. J.P. Morgan and the Heyday of Big ShipsThe British White Star Line had stiff competition in England and across the globe. No concrete evidence of the Titanic conspiracy stands up to the evidence presented by the historians.